Rainforest Action Network

Japan is the world’s second-biggest buyer of liquified natural gas (LNG), so the impacts LNG facilities have on local communities puts a significant responsibility on Japan’s shoulders. Their increasing demands for U.S. LNG exports is causing immense harm to frontline communities along the Gulf Coast. From Freeport, Texas to Lake Charles, Louisiana, residents are suffering from increased rates of #asthma, #cancer, and other health issues due to pollution from LNG plants. Eminent domain has stripped land from historically marginalized neighborhoods, leaving empty plots where homes and businesses once stood. We’re thrilled that The Japan Times published this important article about the devastating community & #climate impacts Japan’s US LNG investments are fueling. Please READ & SHARE. https://t.ly/1bRrY #StopLNG

https://lnkd.in/eWd2yEid

Want to see what fighting deforestation looks like up close? Check out this video featuring our organizing strategist as they detail our campaign against Procter & Gamble, who are clearing forests for Conflict Palm Oil found in their products—all for short-term profit. You'll get a behind-the-scenes look at our dedicated efforts to protect forests, human rights, and Indigenous lands from exploitation and environmental harm. Join our network and be part of the movement to keep forests standing! https://lnkd.in/eTZ9VsiV

BIG NEWS 🎉 Insurance company Chubb has dropped Rio Grande LNG, a proposed methane gas project that would threaten local communities and violate the sacred sites of the Carrizo/Comecrudo Tribe of Texas. This comes after months of pushback from community organizers and climate activists. “When you do the due diligence and understand Indigenous rights, this project is a no-go. Investors and major banks have dropped Rio Grande LNG, and now insurers are following suit because the claims of the fossil fuel companies can’t be trusted" –Juan Mancias, chair of the Carrizo/Comecrudo Tribe of Texas. . More: https://lnkd.in/eg5_J77Q

https://lnkd.in/gMkrANgZ

ENOUGH IS ENOUGH - After the devastation in Jasper, we are calling on the governments of Canada, and its provinces and territories to stop playing politics with our health and safety. It’s time for Canada to take urgent action to hold the oil and gas industry accountable for climate catastrophe. https://lnkd.in/eQmWz7qm #ClimateActionNow #JasperWildfires #ClimateCrisis

The HCS-HCV Simplified Smallholder Approach Toolkit for Indonesia was published and launched in June 2024. The practical, field-tested guidance helps smallholders to eliminate deforestation from their farming practices. Developed by SPKS (Serikat Petani Kelapa Sawit - Oil Palm Smallholders Union) in collaboration with the HCSA (High Carbon Stock Approach) Secretariat, and the various members of the HCSA SHWG (Smallholder Working Group), the toolkit is designed to support sustainable agriculture. The Simplified Smallholder Toolkit enables Indonesian smallholders to: •Achieve deforestation-free practices and identify and protect their forests and high conservation values •Provide evidence that they meet the regulations in market countries •Contribute to the Indonesian government's commitments to reducing emissions Find out more about the Simplified Smallholder Toolkit on the HCSA website today: https://bit.ly/3zz2vnr

This summer, as the world tunes into the Olympic Games, it's crucial to spotlight the not-so-golden practices of one of its major sponsors: Procter & Gamble (P&G). While athletes compete for gold, P&G profits from products that contribute to deforestation, harming our planet and communities worldwide. #KeepForestsStanding #PeopleOverProfit #EnvironmentalJustice

𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆: 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐜𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲 𝐡𝐨𝐥𝐝 $𝟒.𝟑 𝐭𝐫𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐛𝐨𝐧𝐝𝐬 𝐚𝐧𝐝 𝐬𝐡𝐚𝐫𝐞𝐬 𝐨𝐟 𝐟𝐨𝐬𝐬𝐢𝐥 𝐟𝐮𝐞𝐥 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬. Money that needs to be shifted to supercharge the energy transition - and not fossil fuel expansion. We've looked at the fossil fuel holdings of over 7,500 institutional investors worldwide: pension funds, insurance companies, asset managers, hedge funds, sovereign wealth funds, endowment funds and asset management arms of commercial banks. 👉 We discovered that $4 trillion of the identified institutional investments are in 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐰𝐡𝐢𝐜𝐡 𝐚𝐫𝐞 𝐚𝐜𝐭𝐢𝐯𝐞𝐥𝐲 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐢𝐧𝐠 𝐧𝐞𝐰 𝐟𝐨𝐬𝐬𝐢𝐥 𝐟𝐮𝐞𝐥 𝐚𝐬𝐬𝐞𝐭𝐬. A speedy phase-out of fossil fuels is our only hope of avoiding tipping points that lead to an unmanageable climate breakdown. If institutional investors continue backing companies that are still expanding their coal, oil and gas operations, it will be impossible to phase out fossil fuels in time. 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐝𝐫𝐚𝐰 𝐚 𝐫𝐞𝐝 𝐥𝐢𝐧𝐞 𝐨𝐧 𝐟𝐨𝐬𝐬𝐢𝐥 𝐟𝐮𝐞𝐥 𝐞𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐚𝐧𝐝 𝐭𝐡𝐞𝐲 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐝𝐨 𝐢𝐭 𝐧𝐨𝐰. 𝐓𝐡𝐞 𝐅𝐢𝐥𝐭𝐡𝐲 𝐅𝐨𝐮𝐫 👹   The world’s 4 biggest institutional investors in fossil fuels are all headquartered in the US: Vanguard, BlackRock, State Street, Capital Group. US institutional investors collectively hold $2.8 trillion in fossil fuel companies in 62 countries and account for 65% of total investments in fossil fuel companies. 𝐓𝐡𝐢𝐬 𝐦𝐢𝐫𝐫𝐨𝐫𝐬 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐥𝐚𝐜𝐤 𝐨𝐟 𝐚𝐜𝐭𝐢𝐨𝐧 𝐛𝐲 𝐔𝐒 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐬 𝐭𝐨 𝐞𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞𝐥𝐲 𝐦𝐨𝐧𝐢𝐭𝐨𝐫 𝐚𝐧𝐝 𝐚𝐝𝐝𝐫𝐞𝐬𝐬 𝐭𝐡𝐞 𝐜𝐥𝐢𝐦𝐚𝐭𝐞 𝐚𝐧𝐝 𝐭𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧 𝐫𝐢𝐬𝐤𝐬 𝐨𝐟 𝐥𝐚𝐫𝐠𝐞 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬. European institutional investors collectively hold $554 billion in stocks and bonds of fossil fuel companies and account for ~ 13% of total investments in fossil fuels. Europe’s largest fossil fuel investor is the Norwegian Government Pension Fund Global (Norges Bank Investment Management) with investments of over $70 billion in the largest fossil fuel expansionists like Shell, ExxonMobil, TotalEnergies. It is folllowed by UBS, Legal & General Investment Management (LGIM), Crédit Agricole Group and its asset manager Amundi, Deutsche Bank with its asset manager DWS Group and Allianz ($24 bn). 𝟐𝟎𝟐𝟒 𝐧𝐞𝐞𝐝𝐬 𝐭𝐨 𝐛𝐞𝐜𝐨𝐦𝐞 𝐭𝐡𝐞 𝐭𝐮𝐫𝐧𝐢𝐧𝐠 𝐩𝐨𝐢𝐧𝐭 Central banks and regulators need to finally act on Article 2.1(c) of the Paris Agreement and take measures to ensure that financial flows are in line with Paris instead of pitted against it. Details at https://lnkd.in/e7GQutvY Investing in Climate Chaos is co-published with Stand.earth, Greenpeace, Rainforest Action Network, Fair Finance International, FOSSIL FREE Berlin, Milieudefensie, ReCommon Stop the Money Pipeline, Framtiden i våre hender, Attac Österreich, and others.